Civic Intelligence

Commission on Accreditation for Respiratory Care

990 • Fiscal year 2022 • EIN 75-2696563

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 12, 2023

264 Precision BlvdTelford, TN 37690

(817) 283-2835

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.26x

Higher debt load relative to assets than 73% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

0.44x

Higher debt load relative to revenue than 78% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

27th percentile

-4.2%

Higher net margin than 27% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

89th percentile

$191,187

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

18th percentile

-11%

Faster asset growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

18%

Faster revenue growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,175,589

Down $275,172 (-11%) from 2021

Net Assets

Down

$1,603,667

Down $241,994 (-13%) from 2021

Liabilities

Down

$571,922

Down $33,178 (-5.5%) from 2021

Revenue

Up

$1,293,932

Up $193,192 (+18%) from 2021

Expenses

Up

$1,348,881

Up $393,002 (+41%) from 2021

Net Income

Down

-$54,949

Down $199,810 (-138%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,267,826Liabilities 2010: $515,224Net Assets 2010: $752,6022010Assets 2011: $1,405,206Liabilities 2011: $464,317Net Assets 2011: $940,8892011Assets 2012: $1,572,850Liabilities 2012: $462,731Net Assets 2012: $1,110,1192012Assets 2013: $1,766,178Liabilities 2013: $490,765Net Assets 2013: $1,275,4132013Assets 2014: $1,744,159Liabilities 2014: $371,552Net Assets 2014: $1,372,6072014Assets 2015: $1,984,316Liabilities 2015: $478,417Net Assets 2015: $1,505,8992015Assets 2016: $2,166,765Liabilities 2016: $547,404Net Assets 2016: $1,619,3612016Assets 2017: $2,240,959Liabilities 2017: $570,613Net Assets 2017: $1,670,3462017Assets 2018: $2,039,626Liabilities 2018: $540,571Net Assets 2018: $1,499,0552018Assets 2019: $1,714,345Liabilities 2019: $388,500Net Assets 2019: $1,325,8452019Assets 2020: $2,179,560Liabilities 2020: $509,664Net Assets 2020: $1,669,8962020Assets 2021: $2,450,761Liabilities 2021: $605,100Net Assets 2021: $1,845,6612021Assets 2022: $2,175,589Liabilities 2022: $571,922Net Assets 2022: $1,603,6672022Assets 2023: $2,866,895Liabilities 2023: $1,170,665Net Assets 2023: $1,696,2302023

Highlighted filing

2022

Assets$2,175,589
Liabilities$571,922
Net Assets$1,603,667

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $754,2172010Expenses 2011: $829,9872011Expenses 2012: $692,4262012Revenue 2013: $836,526Expenses 2013: $699,342Net Income 2013: $137,1842013Revenue 2014: $824,337Expenses 2014: $718,564Net Income 2014: $105,7732014Revenue 2015: $1,037,493Expenses 2015: $886,427Net Income 2015: $151,0662015Revenue 2016: $1,059,329Expenses 2016: $944,381Net Income 2016: $114,9482016Revenue 2017: $1,057,673Expenses 2017: $1,036,401Net Income 2017: $21,2722017Revenue 2018: $1,120,231Expenses 2018: $1,212,942Net Income 2018: -$92,7112018Revenue 2019: $1,261,948Expenses 2019: $1,510,417Net Income 2019: -$248,4692019Revenue 2020: $1,121,594Expenses 2020: $931,847Net Income 2020: $189,7472020Revenue 2021: $1,100,740Expenses 2021: $955,879Net Income 2021: $144,8612021Revenue 2022: $1,293,932Expenses 2022: $1,348,881Net Income 2022: -$54,9492022Revenue 2023: $1,354,557Expenses 2023: $1,387,011Net Income 2023: -$32,4542023

Highlighted filing

2022

Revenue$1,293,932
Expenses$1,348,881
Net Income-$54,949
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 12, 2023
Return Version
2022v5.0
Gross Receipts
$1,293,932
Mission and Program Overview

Mission

Accreditation services: coarc accredits first professional respiratory care degree programs at the associate, baccalaureate, and masters degree level in the united states and internationally. The coarc also accredits professional respiratory care degree programs offering certificates in polysomnography.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$827,264$1,158,863▲ $331,599
Cash and Non-Interest-Bearing Accounts$1,287,595$764,681▼ $522,914
Intangible Assets$285,448$180,658▼ $104,790
Accounts Receivable$33,182$67,902▲ $34,720
Prepaid Expenses and Deferred Charges$8,614--
Land, Buildings, and Equipment, Net$8,658$3,485▼ $5,173
Total Assets$2,450,761$2,175,589▼ $275,172
Liabilities
Deferred Revenue$541,400$495,027▼ $46,373
Accounts Payable and Accrued Expenses$63,700$76,895▲ $13,195
Total Liabilities$605,100$571,922▼ $33,178
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,845,661$1,603,667▼ $241,994
Total Net Assets Fund Balance$1,845,661$1,603,667▼ $241,994
Total Liabilities and Net Assets / Fund Balance$2,450,761$2,175,589▼ $275,172

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,485$23,141$26,626
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas SmallingChief Exec OFT$187,063$4,124$191,187
Thomas SmallingChief Exec Officer-$187,063$4,124$191,187
Shane Keene DhscChief Oper OFT$168,956$19,741$188,697
Shane Keene DhscChief Oper Officer-$168,956$19,741$188,697
Revenue and Support

Revenue Composition

Contributions and Grants
$949,383
Program Service Revenue
$283,957
Investment Income
$18,842
Other Revenue
$41,750
Change in Net Assets
$-54,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$731,993
Other Expenses$616,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$556,025$61,781-$617,806
Conferences and Meetings$154,327--$154,327
Depreciation Depletion$96,842$10,760-$107,602
Advertising$76,350--$76,350
Other Employee Benefits$68,127$7,570-$75,697
Information Technology$15,695$25,243-$40,938
Pension Plan Contributions$34,641$3,849-$38,490
Fees for Services Legal$8,079$25,031-$33,110
All Other Expenses$12,535$8,816-$21,351
Fees for Services Other$10,021$10,021-$20,042
Other Expenses$6,535$2,802-$9,337
Fees for Services Accounting-$5,150-$5,150
Insurance-$4,723-$4,723
Office Expenses$271$429-$700
Total Functional Expenses$1,182,348$166,533$0$1,348,881
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Copies of the complete form 990, prior to submission, are presented to each board member for review and possible questions.

Form 990, Page 6, Part VI, Line 15A

The governing body obtained the services of an hr consultant.

Form 990, Page 6, Part VI, Line 15B

The governing body obtained the services of an hr consultant.

Form 990, Page 6, Part VI, Line 19

UPON WRITTEN REQUEST

Filing and Contact Details

Filer

Filer Name
Commission on Accreditation for
EIN
75-2696563
Phone
8172832835
Address
264 PRECISION BLVD, TELFORD, TN 37690

Signing Officer

Name
KEVIN O'NEIL MD COARC PRESIDENT
Title
President
Phone
8172832835
Signed
2023-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
KEVIN O'NEIL MD COARC PRESIDENT
Formed
1997
Legal Domicile
Tn
Voting Board Members
17
Independent Board Members
17
Employees
5

Preparer

Firm
Craine Thompson & Jones Pc
Address
225 W FIRST NORTH ST, MORRISTOWN, TN 37814
Preparer
Andrew Greenman
Phone
4235867650
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Accreditation services: coarc accredits first professional respiratory care degree programs at the associate, baccalaureate, and masters degree level in the united states and internationally. The coarc also accredits professional respiratory care degree programs offering certificates in polysomnography.

Form 990, Part XI, Line 9

Book / tax depreciation difference -2,361

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.87$1.17$1.70$1.35$1.39$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.18$0.57$1.60$1.29$1.35$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.61$1.85$1.10$0.96$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.51$1.67$1.12$0.93$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.39$1.33$1.26$1.51$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.54$1.50$1.12$1.21$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.57$1.67$1.06$1.04$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.55$1.62$1.06$0.94$0.11
2015Summary only. Only limited summary data is available for this year.$1.98$0.48$1.51$1.04$0.89$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.37$1.37$0.82$0.72$0.11
2013Summary only. Only limited summary data is available for this year.$1.77$0.49$1.28$0.84$0.70$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.46$1.11$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.46$0.94$0.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.52$0.75$0.75